According to BlockBeats, on November 16, The Block reported that in the past week, the trading volume of Ethereum spot ETF exceeded US$1.63 billion, an increase of more than 44% from the previous week, setting a new weekly trading volume record since its launch in August.
From mid-August to the end of October, Ethereum spot ETF trading volume declined and stagnated, averaging just $168 million per day. However, trading volume has surged in the past week, averaging more than $326 million per day.